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Mar 26, 2013
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so we have despoiled our environment in a classic way. that's why we have huge cleanup funds, that why we have so many problems. that's why we have to impose all kinds of costs on companies now to deal with this problem. so i'm not very hopeful. i don't think this is a system that has a place in it for us to seriously deal with the limits to growth, with the need to preserve our environment, to take care of our health as a people because we have a system that pushes forward with a kind of intensity that pushes those issues to the side. >> janet from woolwich, maine. >> if you could be president with a cooperative congress, what are the three most critical things you would do to ensure that we have a healthy economy that is sustainable, particularly in light of a growing aging population? thank you. >> i would pick the following number one, solve the unemployment problem. in a sense it's the most urgent one we have. if the private sector -- and here i'm paraphrasing franklin roosevelt in the '30s. if the private sector either cannot or wil
so we have despoiled our environment in a classic way. that's why we have huge cleanup funds, that why we have so many problems. that's why we have to impose all kinds of costs on companies now to deal with this problem. so i'm not very hopeful. i don't think this is a system that has a place in it for us to seriously deal with the limits to growth, with the need to preserve our environment, to take care of our health as a people because we have a system that pushes forward with a kind of...
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Mar 21, 2013
03/13
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what to make of, well the entire environment for growing a business in this country? ali wing, founder and ceo of giggle, the baby chain of stores and online sales. she joins us now. in terms of what you're seeing, just broadly, ali, the tax environment for you, it is getting worse, no? >> it is. i'm actually just in the middle of annual compensation reviews. i know every employee right now is feeling less in their take-home pay. that is a pressure of a different type for businesses. but it's the same old theme, whether it was not charging online only businesses sales tax or people off-line had to have it. just needing to even the playing field. not a disinincident tiff to big next generation of big businesses in america and right now it is still uneven. dagen: we talked about though the complications created by government, local government, state governments, the federal government in running a business today. we're celebrating the anniversary of the health care law and, what we've seen washington do in recent years. is it getting worse to grow a business in this cou
what to make of, well the entire environment for growing a business in this country? ali wing, founder and ceo of giggle, the baby chain of stores and online sales. she joins us now. in terms of what you're seeing, just broadly, ali, the tax environment for you, it is getting worse, no? >> it is. i'm actually just in the middle of annual compensation reviews. i know every employee right now is feeling less in their take-home pay. that is a pressure of a different type for businesses. but...
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Mar 18, 2013
03/13
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continental also works and we're seeing synergy and the corporate focus makes it's good bet where the environment is growing. if you had to own an airline it should be alaska air because there's no more competition and it looks more and more like a last scare and it has a beautiful balance sheet and beautiful growth prospects and they have decent fuel hedges and plus, they're still working through the benefits of the airtran composition and just last week we heard from the ceo, spirit airlines right here, that's the best-run low-cost player in the sector with terrific growth. remember, the ceo of save -- yeah, the cool -- despite his low-cost structure, he's not competing with the majors. he's adopted what i call a we willy killer hit them where they hit strategy. just google it. here's the bottom line, in the real world, we might not be able to invest in genuine unfettered, gorgeous monopolies like the rails, but oligopoly is the next best thing, and the airline business is the newest oligopoly out there. i like the three big boys the best, delta, united continental and especially u.s. airways a
continental also works and we're seeing synergy and the corporate focus makes it's good bet where the environment is growing. if you had to own an airline it should be alaska air because there's no more competition and it looks more and more like a last scare and it has a beautiful balance sheet and beautiful growth prospects and they have decent fuel hedges and plus, they're still working through the benefits of the airtran composition and just last week we heard from the ceo, spirit airlines...
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Mar 24, 2013
03/13
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. >> she walked quite a distance in a threatening environment. it's he very black out here, dark, and steep and brushy and there are coyotes in the background. >> harris: oh, my gosh, she was only nine, i mentioned that. by the time the emergency crews got it the crash, her dad was dead and that girl was taken to the hospital with minor injuries. and federal agents carrying out a massive sweep in california looking for laughing gas, raiding more than a dozen businesses suspected in a nitrous oxide ring. otherwise known as laughing gas. and users inhale the laughing gas to try to get a cheap and dangerous high. >> we have armed robberies conducted by gangs stealing the gas from each other, it can be taken home or to a large underground party, balloons are sold, $3, $10 a pop. and a lot of money to be made. >> and they took gas street value, 20 million dollars. >> a driver shot and killed outside of papa john's pizza. on this fox trip across america. oklahoma, police say the victim was unloading pizza dough from the back of his truck when his partn
. >> she walked quite a distance in a threatening environment. it's he very black out here, dark, and steep and brushy and there are coyotes in the background. >> harris: oh, my gosh, she was only nine, i mentioned that. by the time the emergency crews got it the crash, her dad was dead and that girl was taken to the hospital with minor injuries. and federal agents carrying out a massive sweep in california looking for laughing gas, raiding more than a dozen businesses suspected in...
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Mar 19, 2013
03/13
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he urged protection of the poorest and the environment. he said the role of pope is to quote, open his arms and protect all of humanity. those are the headlines. back now to tracy. tracy: i think he is cool, patti ann browne. thank you. >> thank you, tracy. tracy: we have breaking news of after all the back and forth and facilitating all day, cyprus parliament rejects tax on bank deposits for a international bailout. 36 votes against and 19 abstained. who knows where it will keep going. the story keeps going. adam: waiting for the russians. tracy: exactly. treasury secretary jack lew on a critical mission to china. earlier today he met with china's new president to talk cybersecurity and more. peter barnes in washington with details. hey, peter. >> tracy, that's right. cybersecurity is at the top of the agenda the new treasury secretary around the new president of china. just last month the private security firm mandy apt, tied the chinese military to cyber attacks on more than 140 u.s. companies. analysts describe the meetings in beijing
he urged protection of the poorest and the environment. he said the role of pope is to quote, open his arms and protect all of humanity. those are the headlines. back now to tracy. tracy: i think he is cool, patti ann browne. thank you. >> thank you, tracy. tracy: we have breaking news of after all the back and forth and facilitating all day, cyprus parliament rejects tax on bank deposits for a international bailout. 36 votes against and 19 abstained. who knows where it will keep going....
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Mar 25, 2013
03/13
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so we're pretty familiar with the space environment and the risks it entails. as a global fleet operator serving both commercial and government customers, reliability and continuity of service are our highest priorities. whether it's uav operations over afghanistan or the final game of the ncaa tournament or financial statements that have to be transferred securely around the world, um, we know that our customers expect flawless performance. to deliver this level of performance, we have to daily deal with a range of threats. probably a highest priority for us today is radio frequency interference. many times it's accidental, sometimes intentional. space debris and other challenges of space flight, cyber attacks, solar weather, space systems reliability, the fact that we today don't have an affordable technical solution for refueling and repairing satellites on orbit and last but not least, an international launch industry that's far from robust. now, our economy depends on the ability to create and instantly distribute vast amounts of data around the planet. sp
so we're pretty familiar with the space environment and the risks it entails. as a global fleet operator serving both commercial and government customers, reliability and continuity of service are our highest priorities. whether it's uav operations over afghanistan or the final game of the ncaa tournament or financial statements that have to be transferred securely around the world, um, we know that our customers expect flawless performance. to deliver this level of performance, we have to...
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Mar 25, 2013
03/13
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the small business environment, they created an awful lot of jobs-- not the whole solution, but a big contributor. >> suarez: maureen smith has seen the hard times making people creative. >> i just think people are trying new things. i know a lot of people in their 30s who can find no work for what they went to college for. now they're looking at opening businesses in other things, not what they're trained in. >> we're transporting you back in time. >> suarez: smith took a chance. she had a long career doing hair for movie and tv productions. between shoots, she was hairdressing in a market stall, and figured it was time to move indoors. she took over a lease from a closing business, recruited a bunch of friends with their own small businesses, and far from the university has created her own small business incubator. customers get their hair and makeup done, buy vintage clothes and vintage deÉcor, from five other vendors in her little shop, who help her cover the rent. she's a good news story, she says, following her dream. but she worries about all the irish who once again, as in ti
the small business environment, they created an awful lot of jobs-- not the whole solution, but a big contributor. >> suarez: maureen smith has seen the hard times making people creative. >> i just think people are trying new things. i know a lot of people in their 30s who can find no work for what they went to college for. now they're looking at opening businesses in other things, not what they're trained in. >> we're transporting you back in time. >> suarez: smith took...
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Mar 22, 2013
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also in this environment the u.s. economy is growing more like 2% and a lot less like 4 in that environment pricing is going to be challenged and the top line sales is not going to be universal for all firms. it will be balance sheet by balance sheet and case by case. security collection becomes far more important. >> i was going to say as you point out the profit growth picture has been pretty good but we are getting at the mature point in that cycle and the forecast is about 1% or 2% overall growth. there are always ways to make more money than the index tracking would lead you to believe. where do you think the pockets of possible better than average profits would be? >> so we do like equities. when you compare that to fixed income certainly in government space so we like equities and we like global equities. it will have to be a multi asset strategy which is kind of all of the above. looking at commodities and debt and equities and looking in companies in europe. there are good companies with strong balance sheets
also in this environment the u.s. economy is growing more like 2% and a lot less like 4 in that environment pricing is going to be challenged and the top line sales is not going to be universal for all firms. it will be balance sheet by balance sheet and case by case. security collection becomes far more important. >> i was going to say as you point out the profit growth picture has been pretty good but we are getting at the mature point in that cycle and the forecast is about 1% or 2%...
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Mar 22, 2013
03/13
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it's really just a story of picking the companies that are able to perform in this environment. i think that's what's going to get you through. >> i would suggest that the whole market is priced for perfection at this point. >> what's priced for perfection? if you're talking about a p.e. of 13, 14, is that overvalue? >> i think you have to go back to, you know, what i've said, is that e., you have to be very careful at how you look at that e., that earnings number. that earnings number is based on what i believe is a false earnings number, on rates that are far too low. i think you're going to start to see some of that drift up. and you're going to see, i think, we're going to realize in retrospect that this market is not as cheap as it looks, and just at 13 by itself, you cannot look at that number in a vacuum, that we do have a swaluativalua problem there. >> gentleman, thank you very much. we'll be watching. next week will be a big week. >>> up next, nowhere to hide. a new internet sales tax could be on the way. we'll take you live to washington and get the latest development
it's really just a story of picking the companies that are able to perform in this environment. i think that's what's going to get you through. >> i would suggest that the whole market is priced for perfection at this point. >> what's priced for perfection? if you're talking about a p.e. of 13, 14, is that overvalue? >> i think you have to go back to, you know, what i've said, is that e., you have to be very careful at how you look at that e., that earnings number. that...
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Mar 21, 2013
03/13
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if you have any concern about the environment, if if you have any concern about climate change, are you going to look to someone that's a party that's saying things like that? that's not offering any solutions and i think that's part of the problem. cap and trade, which has been thoroughly demonized, that was a conservative idea. that's a market-based approach to dealing with climate change. democrats have adopted some of these goods, market-based things that they used to do. if they are going to be an effective party and opposition, they have to offer nuance responses. it's worked for them a while but now that well has run dry, so to speak. >> and i think joan made a very good point. usually they take an autopsy after you've been pronounced dead. they don't usually take 5 autopsies while you're still alive. >> that's not a good sign. >> they need a political resurrection, not change. >> that's right. >> thank you for your time. check "the cycle" at 3:00 p.m. eastern right here on msnbc. >>> ahead, hey, republicans, if you do unpopular things, you become unpopular. wait until you see wh
if you have any concern about the environment, if if you have any concern about climate change, are you going to look to someone that's a party that's saying things like that? that's not offering any solutions and i think that's part of the problem. cap and trade, which has been thoroughly demonized, that was a conservative idea. that's a market-based approach to dealing with climate change. democrats have adopted some of these goods, market-based things that they used to do. if they are going...
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Mar 25, 2013
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other rape victims may hesitate to come forward because now what this creates is an environment where, well, we don't know. we don't know. it could be another fake one. another duke lacrosse situation and damn her for doing what she did. she should be taken into custody. >> megyn: she stole his life, david. she stole it. five years, plus he had this promising football future. and i mean, if you heard him in the interview he seemed like an earnest young man and wants to move on with his life, but this problem is bigger than just brian banks now. and the system has a problem and there is a real question about whether the system needs to ask this young woman for some justice. >> well, you know, there's no question about it, megyn. and props to my law school whose assisted in his exoneration. and the prosecution would be giving false information which is a misdemeanor in california, now, the victim himself, now the victim in this case, mr. banks, does not want to go forward with the prosecution. he doesn't want to cooperate ap also, megyn, you have the third prong of this problem, even th
other rape victims may hesitate to come forward because now what this creates is an environment where, well, we don't know. we don't know. it could be another fake one. another duke lacrosse situation and damn her for doing what she did. she should be taken into custody. >> megyn: she stole his life, david. she stole it. five years, plus he had this promising football future. and i mean, if you heard him in the interview he seemed like an earnest young man and wants to move on with his...
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crops i could endanger our health and the environment could soon be ushered in so to sign the petition to urge president obama to veto this bill because the congress has already voted yes go to our facebook page at facebook dot com slash breaking the set this bill this is our last chance to stop this you guys through this petition so please do that and for now let's go break the. throughout the developing world free trade agreements are packaged with the promise of jobs and economic stability but in the case of the small central american nation of el salvador trade agreements and foreign investment protection treaties have given mining companies like canada specific written more rights than the citizens and even the government c pacific rim was allowed an exploration license to mine in el salvador due to the efforts of anti mining activists the government ultimately rejected pacific room's application to begin mining so the corporation fava lawsuit against the government of el salvador asking for more than one hundred million dollars in damages that's not all companies also allegedly m
crops i could endanger our health and the environment could soon be ushered in so to sign the petition to urge president obama to veto this bill because the congress has already voted yes go to our facebook page at facebook dot com slash breaking the set this bill this is our last chance to stop this you guys through this petition so please do that and for now let's go break the. throughout the developing world free trade agreements are packaged with the promise of jobs and economic stability...
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offshore money returns to the country the government believes it's now more stable to provide healthy environment to keep the money inside the country so this is not the concern here especially with the government and the president saying that it wants the money to be returned to russia spoke to the spokesperson of the russian president and here is what he had to say about i don't recall mr president for sure is a russian economy. was made during his annual address the russian parliament this year and here still stuck to this idea really have to make environment and russian economy more comfortable for those to invest their money. and to keep the money here on russian soil the biggest concern in the biggest unfairness which president putin talked about here and small businesses private who have the money in cyprus and we're talking here at least around forty thousand people who have their money in the offshore accounts there will suffer and this is something of course which is now being seriously condemned by moscow but then of course cyprus is in a very difficult position either it risks losing
offshore money returns to the country the government believes it's now more stable to provide healthy environment to keep the money inside the country so this is not the concern here especially with the government and the president saying that it wants the money to be returned to russia spoke to the spokesperson of the russian president and here is what he had to say about i don't recall mr president for sure is a russian economy. was made during his annual address the russian parliament this...
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morgan london whale they outsource to the city of london because their regulatory environment is correct it's yeah yeah yeah london is basically kind of like the cayman islands except without such nice weather. the way you know it is viewed as a supine jurisdiction and in terms of in terms of regulation and you know i've been there there's a great book called treasure island by this guy nick saxon who writes for the f.t. . and he does a great history of that and you know yeah i don't think it's a coincidence that you know the the london whale c.i.a.o. stuff was going on in london you know a i.g.f. he was in london so it's viewed as something of a regulatory haven it sounds like a financial porn film starring mary jo white called supine regulation. that. comment or else move on so whom and for word what can we i'm really interested is big coin we only have a minute or so left a lot of people myself included i have become the defacto face of bitcoin around the world i didn't create it but i'm now the face of bitcoin but nevertheless he said modestly. through what is the potential for a bit
morgan london whale they outsource to the city of london because their regulatory environment is correct it's yeah yeah yeah london is basically kind of like the cayman islands except without such nice weather. the way you know it is viewed as a supine jurisdiction and in terms of in terms of regulation and you know i've been there there's a great book called treasure island by this guy nick saxon who writes for the f.t. . and he does a great history of that and you know yeah i don't think it's...
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Mar 26, 2013
03/13
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the environment seems to be improving. pinnacle can always do another acquisition. the company is paying you to wait to get their house fully in order with that great dividend. let's not forget, last week ken powell was on the show, he told us that food inflation has peaked and competition is less fierce? that could help these guys. pinnacle foods reminds me of long-time "mad money" winner b&g. they've got some truly iconic ones under the roof. i think you should try to get in on this ipo. that's why i did this story money. call your broker tomorrow. i like it even if they raise the price. even if they take it up to $22 a share. at that point, let's pause, that may be too high. after the break, i will try to make you more money. >>> coming up -- invest in innovation. it's not the latest gadget that could drive profit in your portfolio. medical science is leading the way with breakthrough technology. tonight, cramer's kicking off a week-long series highlighting some of the most revolutionary companies that may be heading higher. >>> when the market was really getting
the environment seems to be improving. pinnacle can always do another acquisition. the company is paying you to wait to get their house fully in order with that great dividend. let's not forget, last week ken powell was on the show, he told us that food inflation has peaked and competition is less fierce? that could help these guys. pinnacle foods reminds me of long-time "mad money" winner b&g. they've got some truly iconic ones under the roof. i think you should try to get in on...
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Mar 19, 2013
03/13
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- although he did use the word environment -- but it's also us. it's you and me, our brothers and sisters, it's moms and dads. that's part of our mission in life, to be of service to others. ♪ ♪ ♪ >> we tried to get out of the way of the music from time to time. it's mid 50's in rome this morning and pretty steady wind at 15 to 20 miles an hour. you can see making for a beautiful sight with the flags there. the music is not one choir but two. lauren green with some details on those. one of them sang at the pap al mass. >> this is the sistine chapel choir along with the sacred music choir. both of them are vatican choirs. interesting enough, the last time i heard the sistine chapel choir was in november when they premiered a work by monsignor raptsinger, the brother of pope benedict xvi. they are an incredible choir. you saw one of the members, sopranos singing earlier as part of the mass. they are an incredible choir. they have sung all over the world and they are known all over the world, and they sing in many sacred music festivals. they a
- although he did use the word environment -- but it's also us. it's you and me, our brothers and sisters, it's moms and dads. that's part of our mission in life, to be of service to others. ♪ ♪ ♪ >> we tried to get out of the way of the music from time to time. it's mid 50's in rome this morning and pretty steady wind at 15 to 20 miles an hour. you can see making for a beautiful sight with the flags there. the music is not one choir but two. lauren green with some details on those....
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Mar 22, 2013
03/13
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. > now when you say it is changing, is this more of a traditional - some might even stay healthy - environment to be trading in? > > sure. yes. i think that what we were seeing was somewhat inefficient, if you will; although, again, for anyone who was long, they were certainly enjoying it, and short-sided activity was paying the price, but it wasn't really efficient in terms of that two- sided activity. we are seeing much more two-sided anticipation right now. again, though, as i mentioned, it has been a little bit heavily weighted to the sell side, which is completely unusual for what we are used to seeing, even, for the most part, throughout this whole year. really the last few months have just been about upside activity and all about buy-side activity. so, we are actually seeing some rotational type trade occurring here, and we are seeing some activity, again as i mentioned, across the board, other major markets are starting to take notice. > all right, you have a good final day of the week trading today. > > thank you, you too. > thanks ben. more than pay, being a ceo is pay dirt. already
. > now when you say it is changing, is this more of a traditional - some might even stay healthy - environment to be trading in? > > sure. yes. i think that what we were seeing was somewhat inefficient, if you will; although, again, for anyone who was long, they were certainly enjoying it, and short-sided activity was paying the price, but it wasn't really efficient in terms of that two- sided activity. we are seeing much more two-sided anticipation right now. again, though, as i...
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Mar 24, 2013
03/13
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CNNW
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the trouble is it is not going to happen in the current environment. we have a debate as the sequester unfolded you have republicans saying this is terrible. it will open us up. it is serving iranians but not a penny tax increase. but in that environment it is unrealistic thing to expect a grand bargain and we don't want to hold short term policies hostage to have a grand bargain i'd love to see but isn't going to happen right now. >> this last graph is about japan. you brought it to my attention. you wrote a book at about the japan economics and the -- >> that's right. >> japan is the full-scale dress rehearsal for what we are going through now. people studying japan in the '90s were dreading what happened. >> if you look at japan, one thing you say is when you look at japan now you are glad the japanese central bank is finally doing something. you often argue that japan didn't do enough in terms of stimulus. i want to show you japan's debt to gdp. i guess if this isn't enough, than what is? look at what they spent, it paved every roadway and highway
the trouble is it is not going to happen in the current environment. we have a debate as the sequester unfolded you have republicans saying this is terrible. it will open us up. it is serving iranians but not a penny tax increase. but in that environment it is unrealistic thing to expect a grand bargain and we don't want to hold short term policies hostage to have a grand bargain i'd love to see but isn't going to happen right now. >> this last graph is about japan. you brought it to my...
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Mar 18, 2013
03/13
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i think that we're in a very low interest rate environment that continues to create this wealth effect and the money continues to go to the stock. >> got to leave it there, ben. thank you so much for your time today. >> thank you. >> want to show people quickly what's happening in gold and copper. copper is selling off. we talked briefly about china on the program, but the message should be it's not about a country of 1 million of 0.2% of zero gdp. it's about china and whether global growth jitters are coming back to the fore. with that in mind, we'll hand you over to "squawk box." thank you so much for tuning in. have a great day and hope to see you back here tomorrow.
i think that we're in a very low interest rate environment that continues to create this wealth effect and the money continues to go to the stock. >> got to leave it there, ben. thank you so much for your time today. >> thank you. >> want to show people quickly what's happening in gold and copper. copper is selling off. we talked briefly about china on the program, but the message should be it's not about a country of 1 million of 0.2% of zero gdp. it's about china and whether...
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Mar 23, 2013
03/13
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it's a low-interest environment, which makes stocks the only liquid investment game in town and that explains the market we're in. joining me is the the chief economist at rbs securities and ned riley, the ceo. i have laid out why the fed has fuld the rally. when you buy a stock, you're buying a share of its earnings. the price to earnings ratio used to figure out the value of a stock is still low. let's take a look here. i want to show our viewers. the s&p 500 is seeing average earnings of 15. that's the bottom bar. that's half of where they were. lower than where they were five years ago when the dow was trading at about where they are now. that makes me think this isn't just the federal reserve. what do you think? >> it isn't. as a matter of fact, the fear that's in people's hearts right at the moment, it reminds me of rodney dangerfield. the market has no respect. nobody has respect for this market that it is real. clearly we're seeing the public and institutions, i might point out, have been lowering their equity exposure. the the public only has 30% in ek equities. 47% don't ev
it's a low-interest environment, which makes stocks the only liquid investment game in town and that explains the market we're in. joining me is the the chief economist at rbs securities and ned riley, the ceo. i have laid out why the fed has fuld the rally. when you buy a stock, you're buying a share of its earnings. the price to earnings ratio used to figure out the value of a stock is still low. let's take a look here. i want to show our viewers. the s&p 500 is seeing average earnings of...
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Mar 26, 2013
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>> at the end of the day, it is a wonderful environment to be walking into court with the majority of americans favoring marriage equality. 80% of people under 30 supporting marriage equality. a majority of republicans, catholics. environment.tastic >> they have to rule on the law. >> you are right. a fundamental constitutional right is for all of our citizens regardless of public opinion or regardless of what state border one lives on. 9 justices will have to look at the evidence and the precedents of the u.s. constitution. i am cautiously optimistic. two incredible attorneys and these phenomenal plaintiffs. >> if the supreme court decides that they will throw this case out, what is the future for gay and lesbian couples in america in terms of rights to marriage? >> i think it is wonderful. if the court was to throw this out saying there is no technical standing or if they said we don't want to hear it, decisionninth circuit would stand and there would be marriage equality. the evidence that we developed, no evidence on the other side. although law is developed clearly. i think the f
>> at the end of the day, it is a wonderful environment to be walking into court with the majority of americans favoring marriage equality. 80% of people under 30 supporting marriage equality. a majority of republicans, catholics. environment.tastic >> they have to rule on the law. >> you are right. a fundamental constitutional right is for all of our citizens regardless of public opinion or regardless of what state border one lives on. 9 justices will have to look at the...
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Mar 21, 2013
03/13
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you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow gained 56 points. the s&p rising today, nasdaq jumping .78%. it's not sleight of hand or alchemy at work here, despite what critics say when they constantly slam the fed. >> boo! >> bernanke is not playing a game of move the stock market higher by simply continuing to keep the competition from bonds incredibly weak. he's got a real good reason for doing what he's doing, which is staying the course, keeping rates low. that reason? 1937. see, ben bernanke is a rigorous guy. he's a professor and a genuine scholar of american financial history. it's what he does best. he knows that in 1937 after three years of 12% economic growth that took unemployment from 25% down to 14%, the fed, the president, congress, declared victory over the great depression. ♪ hallelujah >> washington raised income taxes on the wealthy. >> boo! >> took the top marginal rate to the astounding 75% and
you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow gained 56 points. the s&p rising today, nasdaq jumping .78%. it's not sleight of hand or alchemy at work here, despite what critics say when they constantly slam the fed. >> boo! >> bernanke is not playing a game of move the stock market higher by simply continuing...
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Mar 19, 2013
03/13
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right now, they're in a great environment. because on top of that, those numbers look great. inventory is low. prices are going up. interest rates are low, which translates to home buyer ability to buy more homes. and we know new homes are more expensive. the big head winds we're facing right now are artificial headwinds. they don't have to deal with the real estate market. those are uncertainty in terms of what the government is going to decide on the rules for qualified residential mortgages under dodd frank which translates to how readily available mortgage loans will be in the next year or so. and, of course, the tax issues with the fiscal cliff and is congress going to be looking at the mortgage interest deduction and other incentives that ever traditionally supported home ownership and doob a deal breaker for a lot of buyers looking to move up. >> what has helped? is it these targeted policies by the government? is it generally that the central bank has been so aggressive? talking about the way foreclosures have been handled, too, which method has yielded the most succe
right now, they're in a great environment. because on top of that, those numbers look great. inventory is low. prices are going up. interest rates are low, which translates to home buyer ability to buy more homes. and we know new homes are more expensive. the big head winds we're facing right now are artificial headwinds. they don't have to deal with the real estate market. those are uncertainty in terms of what the government is going to decide on the rules for qualified residential mortgages...
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Mar 25, 2013
03/13
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half-dozen years or more, has been about america's role in the world and it rapidly changing strategic environment, and about america's interests looking forward. and finally i would add the qualification for today's discussion. unlike most former holders of high office in washington, he has been willing over and over again to step outside conventional wisdom when the issue warranted it, taking some risks with his own reputation. general mcmaster is one of a very come one of the most prominent of a very small, very elite, very important class of individuals who have earned the title warrior soldier. he, too, has been willing to critically examine the past, and has done so with such power that rather than ended his military career, the work is ultimately advanced it. his ph.d thesis contained widely influential book, dereliction of duty, lyndon johnson, robert mic, the joint chiefs mic, the joint chiefs of staff, and the lies that led to vietnam. i think the title gives you some idea of his appetite for straight talk. is equally known for brilliance as a combat commander, earning a silver star for
half-dozen years or more, has been about america's role in the world and it rapidly changing strategic environment, and about america's interests looking forward. and finally i would add the qualification for today's discussion. unlike most former holders of high office in washington, he has been willing over and over again to step outside conventional wisdom when the issue warranted it, taking some risks with his own reputation. general mcmaster is one of a very come one of the most prominent...
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Mar 20, 2013
03/13
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and there's a lot of operating leverage as volumes improved as the new regulatory environment sets in. so i think there's a good -- there's a good path forward. depends on exactly when this final tournament is, whether this is the one to pick for a near term. but, you know, if we're talking about a marathon for sure, i think it fits in there. >> your price target is $155, right? >> yeah, so we're close to that. >> upside case you say 235. what gets you to 235 if that's your best case? >> well, 235 would obviously involve higher, stronger earnings outlook, and that would come about as a result of, you know, faster pace of investment banking activity, trading volumes, continued, you know, sharp rise in asset prices like we've seen, and then translating that into a higher price to book multiple. >> and then finally, explain this, you say your downside case is $75 a share. so those who want to be conservative here, what's the problem? what would be the tipping point that would get you there? >> renewed onset of global financial crisis concerns. >> okay. okay. evan, facebook as you know, g
and there's a lot of operating leverage as volumes improved as the new regulatory environment sets in. so i think there's a good -- there's a good path forward. depends on exactly when this final tournament is, whether this is the one to pick for a near term. but, you know, if we're talking about a marathon for sure, i think it fits in there. >> your price target is $155, right? >> yeah, so we're close to that. >> upside case you say 235. what gets you to 235 if that's your...
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Mar 19, 2013
03/13
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FBC
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. >> but they are more -- their goal is to educate the public on a issue that impacts the environment, not lining their pocketbooks. neil: all right. >> their goal is to influence legislation, that is the point. neil: if you can agree on outlawing yoko ono concerts we might be off to the races, but thank you. this just in, that thing on your plate is still a biscuit. but it is not "seabiscuit." think this horse meat threat went too far. during sequestration, meet the restaurant ceo who said it damn near cost him business before and after sequestration. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." it's delicious. so now we've turned her toffee into a business. my goal was to take an idea
. >> but they are more -- their goal is to educate the public on a issue that impacts the environment, not lining their pocketbooks. neil: all right. >> their goal is to influence legislation, that is the point. neil: if you can agree on outlawing yoko ono concerts we might be off to the races, but thank you. this just in, that thing on your plate is still a biscuit. but it is not "seabiscuit." think this horse meat threat went too far. during sequestration, meet the...
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Mar 19, 2013
03/13
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FBC
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. >> but they are more -- their goal is to educate the public on a issue that impacts the environment, not lining their pocketbooks. neil: all right. >> their goal is to influence legislation, that is the point. neil: if you can agree on outlawing yoko ono concerts we might be off to the races, but thank you. this just in, that thing on your plate is still a biscuit. but it is not "seabiscuit." think this horse meat threat went too far. during sequestration, meet the restaurant ceo who said it damn near cost him business before and after sequestration. your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> food safety may be compromised. >> it would impact food safety. >> food safety. >> food inspectors could find themselves out of work. neil: that was total horse bit. beef still safe, mr. ed nowhere near our platin plating. but just the threat cut to the choir ofny next guest -- chore of my next guest's, he is into fo
. >> but they are more -- their goal is to educate the public on a issue that impacts the environment, not lining their pocketbooks. neil: all right. >> their goal is to influence legislation, that is the point. neil: if you can agree on outlawing yoko ono concerts we might be off to the races, but thank you. this just in, that thing on your plate is still a biscuit. but it is not "seabiscuit." think this horse meat threat went too far. during sequestration, meet the...
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Mar 22, 2013
03/13
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FBC
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. >> is if they are able to thrive in a college environment and their background. we have to make sure that we're putting those students through college. we don't want to force that. neil: zacatecas document elitist education system where someone is picking and choosing. >> society can't support every little thing. neil: what do you think of that? >> the problem is always going to be easy money. when you're giving away money or anything else, when it gets too easy and you see a lot of people not paying it back, you join that party. that is what is going on here. you have all of these policies out there that really hurt the job market. and that is where this comes around. then you get into the other part of the equation that everyone else has been bailed out. why not meet? neil: cash-strapped homeowners, banks. if you are up against the world, someone is going to be here to cover you. and people exhibit behavior and they were not deliberately paying their mortgages to qualify for federal rescue program. some graduates may be thinking the same thing? >> i don't know
. >> is if they are able to thrive in a college environment and their background. we have to make sure that we're putting those students through college. we don't want to force that. neil: zacatecas document elitist education system where someone is picking and choosing. >> society can't support every little thing. neil: what do you think of that? >> the problem is always going to be easy money. when you're giving away money or anything else, when it gets too easy and you see...
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Mar 19, 2013
03/13
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people, -- in so many ways by so many people, that peace is as much yours as it is ours because of the environment -- involvement of all of the united states. will want toca sustain that and renew it. we are very pleased president obama and his administration have been so open, so available, and so encouraging. that caters to people with different traditions and cultures and aspirations. there is more that unites us than what divides us. it is the responsibility of those of us who have the privilege of holding political office to the -- to defend, under pennsylvania, and reinforce principles, values, and institutions, to show real leadership where real leadership is demanded. is characterized by openness, respect, and the wish to harness and nurture relationships with those within troubled communities to have the will and ability to walk to resolve issues peacefully using politics to succeed where violence never can. in the drafting of the budget we wereeuropean union, able to get included in their for expenditure on peace projects and divided lines in fragile communities in areas of northern isla
people, -- in so many ways by so many people, that peace is as much yours as it is ours because of the environment -- involvement of all of the united states. will want toca sustain that and renew it. we are very pleased president obama and his administration have been so open, so available, and so encouraging. that caters to people with different traditions and cultures and aspirations. there is more that unites us than what divides us. it is the responsibility of those of us who have the...
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Mar 19, 2013
03/13
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. >> neil: but you see little reason to invest in this environment? >> we have to have a regulatory environment that supports growth. >> neil: you don't think it does. >> absolutely not. i think is suppresses growth and we should be putting all these regs -- look at north dakota on private land. 3%. they're growing like crazy, creating jobs everywhere. three new high schools being built in bismarck. all kinds of things being built in the dakotas. new hospitals, because employment is booming, housing is going up as fast as it can. that's what you get from opening up the world. we have had some of that boom in northern new york. if we could get new york to approve frack. >> neil: they won't. you're a modest guy but one of the most requested corporate voices in the speaker circuit, and at love 0 ceos seek you out for advice. i don't want you to betray secrets but when they seek your counsel, what are they generally needing help on? what are they telling you they needure guidance on? >> generally i'm involved in a lot of organizational structure. people,
. >> neil: but you see little reason to invest in this environment? >> we have to have a regulatory environment that supports growth. >> neil: you don't think it does. >> absolutely not. i think is suppresses growth and we should be putting all these regs -- look at north dakota on private land. 3%. they're growing like crazy, creating jobs everywhere. three new high schools being built in bismarck. all kinds of things being built in the dakotas. new hospitals, because...
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Mar 20, 2013
03/13
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so in that environment, the voices that were speaking out against this war, but in that environment, those voices could be muffled and people were being painted as being anti-american because they were pro peace. >> right. mrs. walsh, we saw what donald rumsfeld said on twitter. we saw dick cheney say he would do it all over again and not acknowledge any mistakes. >> the main fault -- i don't spend a lot of time thinking about my faults i guess would be the answer. >> no kind of political introspection there. but will history let these men off the hook for what they did? >> no, they're going down in history for a horrible, terrible war. i was going to say a lapse of judgment, but it was not a lapse of judgment. it was a deliberate act. they cooked the evidence. they brow beat people. they would karl rove as their political hench men. the vote was scheduled on the eve of the elections deliberately. i don't want to let democrats off the hook. 29 senate democrats voted to authorize the use of force. some apologized later like john kerry. some brave people came out against it as you show
so in that environment, the voices that were speaking out against this war, but in that environment, those voices could be muffled and people were being painted as being anti-american because they were pro peace. >> right. mrs. walsh, we saw what donald rumsfeld said on twitter. we saw dick cheney say he would do it all over again and not acknowledge any mistakes. >> the main fault -- i don't spend a lot of time thinking about my faults i guess would be the answer. >> no kind...
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Mar 22, 2013
03/13
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CSPAN2
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program that won't work, that's going to cost them a lot more money and have little benefit on the environment. back in 2008, president obama made this statement: "will america watch as clean energy jobs and industry of the future flourish in countries like spain, japan, and germany?" that's what he said. we need to emulate spain, japan and germany. but spain right now is having to cut back dramatically on its really forward-leaning green mandates. they went probably further or as far as any country in europe. it's been a total disappointment. they are reducing their subsidies. their economy is in shambles, and they're not doing well. "the financial times," just february of this year wrote this -- quote -- "the spanish government's latest bid to cut its growing debts to the country's energy sector is expected to slash profits at renewable energy companies asthma tkreud continues to -- as madrid continues to grapple with a $37 billion deficit built up through the years of subsidies." they go on to say "in akiona, spain's second largest wind power operator, shares in that company have tumbled al
program that won't work, that's going to cost them a lot more money and have little benefit on the environment. back in 2008, president obama made this statement: "will america watch as clean energy jobs and industry of the future flourish in countries like spain, japan, and germany?" that's what he said. we need to emulate spain, japan and germany. but spain right now is having to cut back dramatically on its really forward-leaning green mandates. they went probably further or as far...
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Mar 20, 2013
03/13
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FOXNEWSW
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> get ready for a big western style showdown, a sheriff takes on a governor in about 12 hours, the governor of colorado will sign new gun control legislation, but a sheriff in one colorado county is refusing to enforce the new laws. wells county sheriff john cook joins us, good evening, sheriff. >> good evening, greta, thank you for having me on. >> greta: thanks for being here. i understand the new law falls into two categories, background checks and magazines. why have you decided not to enforce the new law? >> for several reasons, but first, i'm sorry to see tomorrow come because we're going to throw away 150 years of tradition in the state of colorado. i feel sorry for our citizens, once the governor signs the bills. but i'm opposed to them because first off, it's a violation, inf
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> get ready for a big western style showdown, a sheriff takes on a governor in about 12 hours, the governor of colorado will sign new gun control legislation, but a sheriff in one colorado county is refusing to enforce the new laws. wells county...
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601
Mar 21, 2013
03/13
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FBC
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highlight potential for consumers to choose much cheaper options especially very difficult economic environment. sandra: so, tuna, you're saying this move away from pay tv. will hit every provider than one. >> comcast, the reason they bought nbc universal to protect themselves a little bit on the distribution exposure that they have. what you're seeing guys like disney and cbs and parent company news corp are considered some of the premier content providers out there, someone like content nirvana, right? so the industry is going through a renaissance where a lot of company we're recommending leveraging content and monetizing them in a very, very fragmented landscape where the consumer has a lot more options than ever before. so i think the balance of power is gradually and will continue to shift in favor of branded entertainment content. adam: i think jay leno would agree with you on nbc call because he thinks they're extinct. let me ask you this. what content creators do you like? i think we're one of them, news corp, the parent company of fox business. who do you like? what companies do you r
highlight potential for consumers to choose much cheaper options especially very difficult economic environment. sandra: so, tuna, you're saying this move away from pay tv. will hit every provider than one. >> comcast, the reason they bought nbc universal to protect themselves a little bit on the distribution exposure that they have. what you're seeing guys like disney and cbs and parent company news corp are considered some of the premier content providers out there, someone like content...
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Mar 25, 2013
03/13
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MSNBCW
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in the immediate environment we're in today, one of these media campaigns can be a flash in the pan. but i think this is a long game and think it's a long game for good reason. i actually disagree with the governor that these politicians are necessarily being stupid. by going against the public on the issue. because this is one of those asymmetrical issues. most people are in favor of universal background checks, but the people who care about it are going to vote on the issue, are disproportion eige porgportiona opposed to them. i think we need to convince voters who are in favor of background checks to hold politicians accountable for their votes on it i think it's supportable, because violent crime has been in decline for 20 years -- >> not gun-related crime. >> i want to talk about that. finish your point first. >> i think the reason that the political environment is actually more difficult for gun control now than it was 20 years ago is because people are less afraid of violent crime than they used to be. and so i think it takes some convincing to tell people no really, this is a
in the immediate environment we're in today, one of these media campaigns can be a flash in the pan. but i think this is a long game and think it's a long game for good reason. i actually disagree with the governor that these politicians are necessarily being stupid. by going against the public on the issue. because this is one of those asymmetrical issues. most people are in favor of universal background checks, but the people who care about it are going to vote on the issue, are disproportion...
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Mar 22, 2013
03/13
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FOXNEWSW
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ ...it's my job to look after it. you're o♪ ♪meout leo! some things won't last 25 years. ah! woof. some things will. save up to 20% on an ikea kitchen. >> it's sort of a hoax that you would take the money and repeal the bill so no benefits but we'll keep the savings. >> how are democrats and republicans ever going to agree on a budget? is it even possible? former speaker of the house, newt is here. good to see you here. she's called it a hoax. i am sure republicans have said similar things about democratic proposals. but how is this ever going to be resolved? >> it may want be in the short run. i think have you to give paul ryan a lot of credit for an enormous amount of work. so much work that he got the senate democrats to bring up a budget for the first time in almost four years.
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ ...it's my job to look after it. you're o♪ ♪meout leo! some things won't last 25 years. ah! woof. some things will. save up to 20% on an ikea kitchen. >> it's sort of a hoax that you would take the money and repeal the bill so no benefits but we'll...
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Mar 19, 2013
03/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> rnc chairman reince priebus. he joins us, nice to see you, sir. >> thank you, greta. >> greta: i should say happy birthday. >> it's nice to celebrate my birthday with you tonight and i had fun with my kids and wai wife sally. >> greta: this report was not prepared by you, right? >> it was five co-chairs that traveled around the country and we talked to -- and i participate in all the listening sessions around the country. we talked to over 50,000 people about the election, things they perceived went well. what the other side went well and things we didn't do that people wished we did. it was a full-blown analysis from everything to mechanics to campaign finance laws. >> greta: one of the questions, the perception according to you, is that the republican party-- >> according to polli
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> rnc chairman reince priebus. he joins us, nice to see you, sir. >> thank you, greta. >> greta: i should say happy birthday. >> it's nice to celebrate my birthday with you tonight and i had fun with my kids and wai wife sally....
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Mar 22, 2013
03/13
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FBC
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different perspectives on the tax environment. it's rough out there. thank you for being here. >> a pleasure. >> thank you. cheryl: all right. let's share something highly -- happy. new jobs. unemployment is down. the reasons why coming up. as we go to break, let's take a look at someone in names overall on the nasdaq. we will be right back. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ cheryl: time for your westcoast minute. san francisco's union bank is expanding in arizona. the bank has decided to open a new mortgage operation center. the center is expected to create 250 jobs. the governor offered tax incentives to union bank which is owned by mitsubishi financial trading and the new york stock exchange, up over 16 percent year-over-year. the emplo
different perspectives on the tax environment. it's rough out there. thank you for being here. >> a pleasure. >> thank you. cheryl: all right. let's share something highly -- happy. new jobs. unemployment is down. the reasons why coming up. as we go to break, let's take a look at someone in names overall on the nasdaq. we will be right back. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is...
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Mar 21, 2013
03/13
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CSPAN2
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eye 77
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won't it be the people in the most fragile work environments? won't it be the people with less skills? won't they be the ones that would suffer the most? don't we have an obligation as a united states senate to reach out to the house and say we get it, this is dangerous. we don't know for sure where we're going, but we know shame on us if we allow decent, hard-working people struggling to get by right now to get hammered by another fiscal crisis that erskine bowles and alan simpson virtually guaranteed was on the way. i think we have a duty. i think we have a responsibility. i think when the american people find out it's not going to take massive slashing of spending, as our colleagues say, a lot of the programs that we can get can be more efficient than they have ever been, and we get just as much benefit even if they don't get as much money. there hadn't been any reform, any management improvements in this government in decades. i will just say politically i thought that was the greatest offer that governor romney had. he was a very good manag
won't it be the people in the most fragile work environments? won't it be the people with less skills? won't they be the ones that would suffer the most? don't we have an obligation as a united states senate to reach out to the house and say we get it, this is dangerous. we don't know for sure where we're going, but we know shame on us if we allow decent, hard-working people struggling to get by right now to get hammered by another fiscal crisis that erskine bowles and alan simpson virtually...
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Mar 22, 2013
03/13
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clinics, i want to lay more and more services into that school building because it will create a better environment for success and help keep that neighborhood solid and grow things. >> governor snyder, thanks so much for talking with us. chris, back to you. >>> rehema, governor snyder, thank you. >>> and you're looking live at ayman, jo o oman, jordan. here are president obama and king abdullah of jordan. this is the final country that president obama will visit on his middle east trip. let's go to them now. >> all jordanians to welcome you and your distinguished delegation back here in jordan. i fondly remember your visit here several years ago when you were a senator, it is a great delight to welcome you back to jordan as the president of the united states enjoying your second term. we're delighted with the in-depth discussions that were very, very fruitful on the strategic and historic partnership. and you've been an old friend as has the united states for so many decades. we are very grateful, to you, sir, and the administration as well as congress and the american people for the continuous su
clinics, i want to lay more and more services into that school building because it will create a better environment for success and help keep that neighborhood solid and grow things. >> governor snyder, thanks so much for talking with us. chris, back to you. >>> rehema, governor snyder, thank you. >>> and you're looking live at ayman, jo o oman, jordan. here are president obama and king abdullah of jordan. this is the final country that president obama will visit on his...
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Mar 21, 2013
03/13
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certainly in those environments, we have to act differently. we've let certain things slide the cyber threat from china and nuclear threat from iran that i think deep cover small nimble, elite covert operatives could do a really good job of collecting intelligence. we need to get back to that. michael: it does make sense. you know better than everybody that you can change while still employing some of the important parts of the past. one of the members of the committee that warned the president about the distractions in the intelligence committee former senator david born is on that committee. he said: michael: it sounds like he agree with the senator. >> i do agree with him. you know, the c.i.a. was slow to change after the end of the cold war and then we were caught flat-footed and september 11 occurred, the biggest intelligence failure of our lifetimes. i think the reason that the c.i.a. is so slow to change, and can be so short-sighted is because it's a huge bureaucracy and we keep adding layers when i think we should be scaling back on it.
certainly in those environments, we have to act differently. we've let certain things slide the cyber threat from china and nuclear threat from iran that i think deep cover small nimble, elite covert operatives could do a really good job of collecting intelligence. we need to get back to that. michael: it does make sense. you know better than everybody that you can change while still employing some of the important parts of the past. one of the members of the committee that warned the president...
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Mar 19, 2013
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if we could talk about is the changing energy environment globally and especially in the united states, as the united states becomes more self-sufficient rather than independent, and how that impacts the relationship with our countries? >> yes, you know, i think that -- we have had some divergences. some of it comes down to messaging, as we were saying before. we have the same sorts of reservations and worries about exactly what is the u.s. policy and will the u.s. actually back up those policies as the other allies do. that extend beyond the middle east. the divergence has been the ascendancy of islamic groups. the united states have been relatively sanguine about that. many are worried about the intentions of groups like the muslim brotherhood. when it comes to iran, i think there is a concern amongst the allies we focus on what is exclusively on the nuclear issue, almost as if we are having an arms control negotiations. many of our allies see it in a much broader sense, causing trouble in the region. again, i don't think that the administration doesn't see those things. but it's a m
if we could talk about is the changing energy environment globally and especially in the united states, as the united states becomes more self-sufficient rather than independent, and how that impacts the relationship with our countries? >> yes, you know, i think that -- we have had some divergences. some of it comes down to messaging, as we were saying before. we have the same sorts of reservations and worries about exactly what is the u.s. policy and will the u.s. actually back up those...
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Mar 18, 2013
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which is just ridiculous because until we started doing that, we had all kinds of toxins in our environment, they said i notice that violent crimes go up when led paint sales go up -- by the way i know school starts soon, so we're going to have to get to michelle in illinois really quick, because michelle is 11. hi, michelle -- i'm sorry. it's michael. >> caller: it's michael, yeah. hi, i just wanted to call in to say how much i love watching your show. >> hal: oh right on. >> hi michael. >> caller: hi. >> hal: are you on your way to school? >> i have the day off. >> hal: why do you have the day off? >> i'm with family. >> hal: why didn't i think of that? i used to have to -- to get out of school there would have to be 8 feet of snow and i would have to have stitches. so that's great. so i want you to give all of your family a hug, tell them one good thing you can think of special to them something you love about them that they do because they will really appreciate it. you may think it but it is always great when their hear it. >> oh, that's my favorite call of the day. >> hal: it's pretty
which is just ridiculous because until we started doing that, we had all kinds of toxins in our environment, they said i notice that violent crimes go up when led paint sales go up -- by the way i know school starts soon, so we're going to have to get to michelle in illinois really quick, because michelle is 11. hi, michelle -- i'm sorry. it's michael. >> caller: it's michael, yeah. hi, i just wanted to call in to say how much i love watching your show. >> hal: oh right on. >>...
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Mar 23, 2013
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will he go back to impugning our motives making it impossible for compromise to occur or produce an environment where people of different parties can talk to each other so we talk more and get common ground at the end of the day. time will tell. i am hopeful. >> if there's no deal by end of july, early august, will you vote to raise the debt ceiling? that's when it has to be raised. >> i think it will come down to all of that. i am not getting into what we will or will not do. i believe we can make sure default is not going to happen. i am not worried about us defaulting. i think we can get the authority from the president to prevent default from happening. but i have to tell you, wolf, we can't keep running up deficits like this. it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >>
will he go back to impugning our motives making it impossible for compromise to occur or produce an environment where people of different parties can talk to each other so we talk more and get common ground at the end of the day. time will tell. i am hopeful. >> if there's no deal by end of july, early august, will you vote to raise the debt ceiling? that's when it has to be raised. >> i think it will come down to all of that. i am not getting into what we will or will not do. i...